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ALK eliminating takeover poison pill

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Old Apr 2, 2002, 8:24 am
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ALK eliminating takeover poison pill

At the request of (major) shareholders, the board of Alaska Air Group has eliminated the rights plan which would come into play if there was a hostile bid for the company.

http://www.alaskasworld.com/newsroom...401_140543.asp

This would make it potentially interesting if someone made a friendly bid for ALK (AS's NYSE symbol) and then someone else decided to make a hostile bid.
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